New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-12
Mr.. CALEFs POOR MEMORY.
LITTLE FOR TIE PACIFIC COMMISSION.
Mr.. CAMMAcK ExAMINED-A LETTER FROM con-
TROLLER MINK

II
soners returned from luncheon they found Henry Willard
waiting for them He excused until later but Mr.
Cammack examined for short time.
Mr. Cslef the first witness, has been ILL., 1t Is said ior
some tmo Apparently his sickness had seriously
affected his memory which seemed to be IN csporapie
condition He could not recolect all the railroads OF
which he had been secretary besides the Kansas racine
and Iron Mountain, he certain whether ne hao
been present not when the consolidation papers OF
the Union Pacific and Kansas Pacific were slgneo
although the records, which were afterward exhpeo
showed that had been there and as secretary signed
the agreement He remembered that Mr Edgerton ana
MrGoud were at the meeting but he could not say Whae
other stockholders were present Then MI Anderson
questioned him In regard to the Denver PACING STOCK
that was released from the consolidated mortgage pu'
Mr. Caefs recollecions in regard 10 TINS were eqay
dim The road, he knew, had been In the hahus oi
receiver but he could recooct anything about the
vaue OF the stock or Mr. Goulds proposition to turn
over to the Kansas Pacific the bonds OF the st. Joseph
and Western other securities or the earnings Oh inc
Kansas Pacific or in fact, anything about these import
ant occurrences.
Chairman Pattison tried to refresh the witnesses men,
nv without success Finally he suggested that the ex
animation of Mr. Caef be postponed until the AFTERNOON
session This was done and Mr. CammacK took inc
stand He was in his usual jovial frame OF mhu anu
did not seem look upon the Investigation 700 seriously
About the time of the consolidation, he said he was
director in the Pacific and in the Union Pachc
and was at the meeting which agreed to the amagama
ton of the roads He and James Keene were the rep
Of the 81 s
good deal of interest ste az ' hsvnS sod
ont nv Shares The matter Of Denver Pacific stock
never heard of it before he replied, until saw 1t
I'm the newspapers the other day" ,,,.,o .a tho.
He believed did vote for Che consolidation ana 'nae
he baS talked with Mr. Gould on the sulgect put ne
could not say who what did influence ms Note inc
The Snd t;ass he sa Mr. o en t al
cents It disposed Of in the usual way MT cam ANN
narticnlar investigation of the companys affairs
Did you not make any effort 10 proec ae eSed
Ss Witness seemed tre confused but replied in
sec that he had no personal interest in the matter
or recess letter from the Union Pacific Company
to the w Of Se rOsS and as follows
Iamip receipt of your communication Of the 9TH inst max
ing % s S1sSsHss at the
time Of the consolidation In January 1880 submit the 'o
receipts for Union Pacific Railway Company
Sss sSea stock in the Mr.
Pacific R1TSy soSs 50 %
and GsrsS By oa Is 20 whether or not
snssosry but know circumstance which would
have .aSs the Union Company
show that derived all the advantages oil dement's
arising ron see ss 81 the
HALLWAY Rss% 80 far as they f'a'' 10
Of the 1ROn rSsni the e
Denver Pacific iS reDv tina, at the date
,ss the Railway COMPANY
1se and Telegraph Company which had been acquired
in The following manner:
January 70 Sarr n S1Shangs for
Pacific gGns sar es' purchased 10000
January iSs6lo 600 shares bought from Jay 100 1000
$4,000
nsse shares thus owned by the Kansas Pacific Rail
&C. sf sse ';SSf
:ss. va. S::si.ry
Pacific ss e ~ Shares Ge tnS three
$sss "a eo%SanH
scani2eG stock thSng y Ss ss
a. O. company aSpas sad sa0ck 81
BsTay SSS oPer fSs Union
acquired the cor o oe 10
s the sssSn9 follows, February TO-
1880 delivered Jay Gould in payment LOT INC
81 Joseph and Pacific hrstmOrtgage bond nd and md
scrip 81 O2o 2o4 q at par k srss m S9a
Ssns aa sp .sT SSssyi a
central railroad bonds s479OoO do
ssoci shares Rcsiv.f, certificate; 5SSoo %
$. ss:ssSS sSSSs S49S
Hastings and Grand S. I s7s o SOfr sO2O4 rs
Total a. IN 80 re-
,r,v 7 1890 delivered to jay Gould 10 pay
nent for the following securities; -,
81 and Paoinc nrsI nor tSsSo oUU
$4,000; Kansas mo N hoDas 81 TO- $4,000 90
Company hs' Hi'i'e~oO 100 shares
December 10. $780, sold Sidney Dillon $500
as follows: e1o- sooOo
1000 shares at lUl = ....-'-'"'-' s'2SS So
loo shares at lOI ss.-..--..--'- 1a3 99s 01
I7OO shares at 1914 .-------.- $50
300 shares at 1917 ,92oo'SVo al
shares at los -..----s---- eeH'oSn M
oVv shei % q. In- ex div l404O0 90
r., - $685.. 1926 90
Less commission, ls...-.-.- i'o'' ~ sao2 sa7 n
Ami H. 1881. delivered to sidney h pmioa ~ ~
sschanre for a like number OF shares Vi an .hara.
Union rserho isA aaS rs Jate 1871 shares
~, ......... AZ 1894 shares
Manfestly therefore the Denver Pacific stoex was a
cred 10 tie Consolidated company and hela lor ~
eompspy as stock owned byt After hayiog 9een
te new disposed OK aud the com
10 re company TO It's own adVahage
PAW received consideration i0r the soc~ 'no '
spdc cash ,-ohrasya IN.
PACIFIC. the kanaas ana